Electric vehicle charging stations market Competitor Analysis 2020-2026 | Tesla, Efacec, Engie Group, ABB, Schneider Electric, Siemens, SemaConnect, ClipperCreek, Allego, ChargePoint, Blink Charging, Alfen N.V

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Electric vehicle charging stations market is projected to register a CAGR of 48.3% forecast to 2026.

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ChargePoint, Inc dominated the global electric vehicle charging stations market.

Toyota Motor Corporation (Toyota) and Hino Motors, Ltd. (Hino) have agreed to jointly develop a heavy-duty fuel cell truck, and to proceed with initiatives toward its practical use through verification tests and other means.

Toyota and Hino are determined to take proactive action toward resolving global environmental issues as one of the most important corporate tasks. The two companies have declared ambitious goals to reduce CO2 emissions by 2050 and are developing electric vehicle technologies for widespread use in society. In order to achieve further reductions in CO2 emissions, major improvements will be required in the environmental performance of heavy-duty trucks, which account for about 60 percent of the total CO2 emissions from commercial vehicles in Japan.

Key Market Competitors: Electric Vehicle Charging Stations

Tesla,

Efacec,

Engie Group,

ABB,

Schneider Electric,

Siemens AG,

Liikennevirta Oy (Ltd.),

SemaConnect,

ClipperCreek,

Allego B.V.,

Leviton Manufacturing Co., Inc.,

EVgo Services LLC,

ChargePoint, Inc.,

Blink Charging Co.,

Alfen N.V.,

AeroVironment, Inc. and among others

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Key Development in the industry

In October 2018, Allego has launched Allego's EV Cloud which contains a smart charging solution that helps in renewing the energy and grid capacity. Allego uses Microsoft Azure platform for smart charging, data modelling and real time data processing.

In September 2018, EVgo announced the launch of FastStart, which is a mobile and modular fast charging station, and is capable of Level 2 and DC Fast Charging.

In February 2018, ClipperCreek announced the launch of the CP-50 which is used for installing and maintaining electric vehicle supply equipment.

In June 2016, ClipperCreek announced the launch of the HCS-40 electric vehicle charging stations which is robust in nature and it uses level 2 technologies, which can be beneficial for the company as it can be used in various applications like workplace, fleet and residential.

Almost 45% of the market's growth will originate from APAC during the forecast period. China, Japan, and South Korea are the key markets for electric vehicle charging stations in APAC.

Segmentation

By Charging Station

AC Charging Station,

DC Charging Station, and

Inductive Charging Station

By Connector Type

Chademo,

Combined Charging System, and Others

By Installation Type

Residential and

Commercial

By Vehicle Type

Battery Electric Vehicle (BEV) and

Plug-In Hybrid Vehicle (PHEV)

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